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Still, TikToks and stock prices don't officially determine when the country enters a recession, and the word does have an actual definition worth knowing. Eight economists who serve on the ...
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Is Canada in a recession?
If you’re worried about a recession in Canada, you’re not alone. Here’s what to expect and how you can prepare for a ...
According to the National Bureau of Economic Research (NBER), a nonprofit organization that officially declares US recessions and expansions, the technical definition of a recession is "a ...
A common definition of a recession is two straight quarters of negative economic growth. But that’s an inherently backward way of viewing the economy. For that reason, many analysts keep an eye on ...
The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.